SPY Jan 2025 500.000 call
| Previous Close | 14.00 |
| Open | 14.20 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 500.00 |
| Expire Date | 2025-01-17 |
| Day's Range | 13.85 - 14.20 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 5.22k |
ZacksWorld Bank Lifts 2023 Global Growth Forecast: 5 ETF Picks
The global economy is set to climb 2.1%, up from 1.7% projected in early January. The rise in projections came on the back of strength in the labor market, better-than-expected consumption in the United States and solid recovery in China following COVID-19 lockdowns.
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Recession fears sent the S&P 500 tumbling into a bear market in early 2022, and the broad-based index is still down 14% from its high. Since 1957, the average S&P 500 bull market has run for 1,960 days, producing an average return of 184%, according to data from Yardeni. One way investors can capitalize on that information is by purchasing an S&P 500 index fund.
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Is investing in index exchange-traded funds (ETFs) boring? Actually, an S&P 500 index fund offers a great way to retire as a millionaire. Two S&P 500 ETFs -- SPDR S&P 500 ETF Trust (NYSEMKT: SPY) and Vanguard 500 Index Fund ETF (NYSEMKT: VOO) -- are by far the most widely traded.
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Motley FoolHelp Safeguard Your Retirement With This Key Warren Buffett Investment Strategy
By investing in the battle-tested S&P 500, investors can simplify and be confident in their retirement savings.